By Oecd Organisation for Economic Co-operation and Development
During the last few years Russia has loved regular monetary progress. even if, the engines of development stay over-concentrated in a handful of industries whose luck relies commonly at the export of uncooked commodities. so one can in attaining sustainable long term development, Russia must diversify its fiscal actions. Boosting innovation will be a significant aim of a diversification method. larger connecting the robust Russian technology base to marketplace dynamics is the only most vital solution to speed up the improvement of knowledge-intensive actions. Fostering Public-Private Partnership for Innovation in Russia assesses strengths and weaknesses of the Russian innovation method, with a spotlight on industry-science relationships. in keeping with an review of present coverage projects, it formulates concrete coverage concepts to enhance such relationships, specifically via public-private partnerships
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Extra resources for Fostering public-private partnership for innovation in Russia
Sample text
Petersburg IT cluster (technical universities and many specialized small and mediumsized companies). Moscow space technology cluster (Moscow Aviation Institute, Moscow State Technical University named after Bauman, Institute for Space Research, Tracking Headquarters, Energia corporation, Design Bureau Himmash). Moscow radio-electronics cluster (Moscow Institute for Electronics, Radio Technology and Automatics, Moscow State Technical University named after Bauman, Technical University for Communications and Informatics).
Private enterprises actually account for a rather low share of business R&D, the bulk still being carried out in public or partly public industrial research institutes or design bureaus. See D. ” Economic Trends, Helsinki (2001). 1. 1 Total number of researchers As % of total labour force o Of which highly qualified researchers* o As % of total number of researchers * Candidates and doctors in science. Source: Goskomstat. 2. 2 * All organisations whose major function is manufacturing, including those that belong to the state; private non-profit organisations that serve industrial enterprises: former branch R&D institutes, design bureaus, experimental stations, development organisations.
The Association was established in 1997 at the initiative of regional (Russian) venture foundations of the European Bank for Reconstruction and Development. Members are investment companies and other organisations operating on the Russian venture capital market: Delta Capital, Agribusiness, Quadriga Capital, Norum, etc. According to the Russian Private Equity and Venture Capital Association, the northwest is one of the most lucrative regions in Russia as far as venture investment is concerned. But overall the average yield throughout the entire Russian venture market is only 11% per annum today.